People: Erie Indemnity Co (ERIE.OQ)

ERIE.OQ on NASDAQ Stock Exchange Global Select Market

80.00USD
1 Aug 2013
Price Change (% chg)

$-0.37 (-0.46%)
Prev Close
$80.37
Open
$80.61
Day's High
$80.72
Day's Low
$79.23
Volume
8,645
Avg. Vol
10,968
52-wk High
$83.45
52-wk Low
$61.63

Search Stocks

Summary

Name Age Since Current Position

Thomas Hagen

77 2007 Independent Chairman of the Board

Terrence Cavanaugh

59 2008 President, Chief Executive Officer, Director

Marcia Dall

49 2009 Chief Financial Officer, Executive Vice President

Robert Ingram

54 2012 Executive Vice President, Chief Information Officer

James Tanous

65 2007 Executive Vice President, General Counsel, Secretary

John Kearns

53 2010 Executive Vice President - Sales & Marketing

Richard Burt

49 2012 Executive Vice President - Products

George Dufala

41 2010 Executive Vice President - Services

Michael Zavasky

60 2008 Executive Vice President – Insurance Operations

J. Ralph Borneman

74 1992 Director

Jonathan Hagen

50 2005 Independent Director

Susan Hagen

77 1980 Independent Director

C. Scott Hartz

67 2003 Independent Director

Claude Lilly

66 2000 Independent Director

Lucian Morrison

76 2006 Independent Director

Thomas Palmer

65 2006 Independent Director

Martin Sheffield

62 2010 Independent Director

Richard Stover

70 2010 Independent Director

Elizabeth Vorsheck

57 2007 Independent Director

Robert Wilburn

69 1999 Independent Director

Biographies

Name Description

Thomas Hagen

Mr. Thomas B. Hagen serves as Independent Chairman of the Board of Erie Indemnity Company. He is Chairman/Owner, Custom Group Industries, Erie, PA, machining and fabrication manufacturing companies, since 1997; General Partner, Hagen Family Limited Partnership, since 1989; Non-executive Chairman of the Board of Company and of insurance subsidiaries, since 2007, and an employee (1953-1995) and former agent of the Company, including service as President (1982-1990) and Chairman & CEO (1990-1993); Director, Erie Family Life Insurance Company. Mr. Hagen, the son-in-law and close associate of late founder and longtime leader of the Company, has insurance knowledge and experience having previously served the Company for over 40 years in a variety of leadership positions, including as CEO. He has held positions in various insurance industry and business trade groups and currently is immediate past Chairman of the Pennsylvania Chamber of Business and Industry. He also has broad executive management and leadership experience having served on various civic and business boards of directors, including the boards of two other public companies. He has served as Pennsylvania’s Secretary of Commerce and Secretary of Community & Economic Development, and is a retired Captain in the U.S. Navy Reserve. Additionally, he controls the second voting and the non-voting shareholding interest in the Company.

Terrence Cavanaugh

Mr. Terrence W. Cavanaugh is President, Chief Executive Officer, Director of Erie Indemnity Company. He is Senior Vice President, Chubb & Son/Federal Insurance, for more than five years prior thereto; Chief Operating Officer, Chubb Surety, for more than five years prior thereto; Director, Erie Indemnity Company, EFL, EIC, Flagship, ENY and EPC.

Marcia Dall

Ms. Marcia A. Dall is Chief Financial Officer, Executive Vice President of Erie Indemnity Company. She was Chief Financial Officer – Healthcare, Cigna Corporation, January 2008 through March 2009; Chief Financial Officer – International & U.S. Mortgage Insurance, Genworth Financial, September 2006 through January 2008; Director, EFL, EIC, Flagship, ENY and EPC.

Robert Ingram

Mr. Robert C. Ingram III., is Executive Vice President, Chief Information Officer of Erie Indemnity Co. He is Senior Vice President and Chief Information Officer (for Commercial Lines, Hartford Investment Management Company and Enterprise Risk Management), The Hartford Financial Services Group, February 2011 through August 2012; Senior Vice President and Chief Information Officer, Commercial and Consumer Markets, The Hartford Financial Services Group, August 2009 through February 2011; Executive Vice President and Chief Information Officer Director, SAFECO, February 2008 through February 2009; Senior Vice President and Chief Information Officer, Argonaut Group, March 2006 through February 2008; Director, EFL, EIC, Flagship, ENY, and EPC, effective January 1, 2013.

James Tanous

Mr. James J. Tanous is Executive Vice President, Secretary, General Counsel of Erie Indemnity Company. He is Director of EFL, EIC, Flagship, ENY and EPC.

John Kearns

Mr. John F. Kearns is Executive Vice President - Sales & Marketing of Erie Indemnity Company. He has been Senior Vice President, Commercial Lines Division, February 2007 through August 2010; Director, EFL, EIC, Flagship, ENY and EPC.

Richard Burt

Mr. Richard F. Burt Jr., is Executive Vice President - Products of Erie Indemnity Co. He was Senior Vice President, Actuarial, and Chief Actuary, July 2011 through August 2012; Partner and Western Region Practice Leader, Actuarial Risk & Analytics, Deloitte Consulting, LLP, 2002 to July 2011; Director, EFL, EIC, Flagship, ENY, and EPC, effective January 1, 2013.

George Dufala

Mr. George D. Dufala is Executive Vice President - Services of Erie Indemnity Company. He has been Senior Vice President, Erie Family Life Insurance Company, October 2008 through August 2010; Senior Vice President, Customer Service, January 2005 through September 2008; Director, EFL, EIC, Flagship, ENY and EPC.

Michael Zavasky

Mr. Michael S. Zavasky is Executive Vice President – Insurance Operations of Erie Indemnity Company. He was Senior Vice President–Strategy Management, January 2006 through March 2008; Director, EFL, EIC, Flagship, ENY and EPC. As discussed in the company Form 8-K filing with the Securities and Exchange Commission on November 8, 2011, Michael S. Zavasky has retired effective December 31, 2012.

J. Ralph Borneman

Mr. J. Ralph Borneman, Jr., CIC, CPIA, serves as Director of Erie Indemnity Company. He is President, Chief Executive Officer and Chairman of the Board, Body-Borneman Insurance & Financial Services LLC, insurance agency, Boyertown, PA, 2005 to present; President, Chief Executive Officer and Chairman of the Board, Body-Borneman Associates, Inc., insurance agency; President, Body-Borneman, Ltd. and Body-Borneman, Inc., 1967-2005, insurance agencies he co-founded; Director, National Penn Bancshares; Director, Erie Family Life Insurance Company, 1992-2007. Mr. Borneman has knowledge of, and over 40 years of experience with, the business of insurance, agency matters, sales and marketing, and insurance distribution strategies. Mr. Borneman also has experience as a director of other public companies.

Jonathan Hagen

Mr. Jonathan Hirt Hagen, J.D., serves as Independent Director of Erie Indemnity Company. He is Vice Chairman, Custom Group Industries, Erie, PA, machining and fabrication manufacturing companies, since 1999; private investor, since 1990; Director, Erie Family Life Insurance Company, 2005-2007.

Susan Hagen

Mrs. Susan Hirt Hagen serves as Independent Director of Erie Indemnity Company. She is a Co-Trustee of the H.O. Hirt Trusts, Erie, PA, since 1967; private investor, since 1989; Director, Erie Family Life Insurance Company, 1980-2007. She is one of three trustees of the H.O. Hirt Trusts which control a majority of voting stock. She also individually directly controls a shareholding interest in the Company. In addition to her knowledge of the Company, as longest serving active director, she is a recognized community leader, both locally and statewide. In 2010, she received the Distinguished Citizen of the Commonwealth Award from the Pennsylvania Society. Over many years, she has served on numerous boards of directors, including Chautauqua Institution, Wittenberg University and the Erie Community Foundation. Mrs. Hagen also has prior experience as a director of another public company.

C. Scott Hartz

Mr. C. Scott Hartz, CPA, serves as Independent Director of Erie Indemnity Company. He is Chief Executive Officer, Hartz Group, IT and technology consulting, Bala Cynwyd, PA, since 2002; Senior Managing Director, SCIUS Capital Group, LLC, 2002 to 2007; Director, Erie Family Life Insurance Company, 2003-2007; Chief Executive Officer, PwC Consulting, 1995 to 2002. Mr. Hartz has a background in technology, information technology consulting and investments. He has prior experience in executive management and as a director of another public company.

Claude Lilly

Dr. Claude C. Lilly, III, Ph.D., serves as Independent Director of Erie Indemnity Company. He is the Dean, College Business and Behavioral Science, Clemson University, Clemson, SC, since 2007; Dean, Belk College of Business Administration, University of North Carolina Charlotte, 1998 to 2007; James J. Harris Chair of Risk Management and Insurance, Belk College of Business Administration, University of North Carolina Charlotte, 1997 to 2007; Chairman of the Board of Directors, Charlotte Branch of the Federal Reserve Bank of Richmond; Director, FairPoint Communications, Inc; Director, Erie Family Life Insurance Company, 2000-2007. Dr. Lilly has experience with risk assessment and management, and broad knowledge of insurance operations, regulation of insurance companies and financial reporting. He satisfies the SEC requirements of an audit committee financial . Dr. Lilly also has experience as a director of other public companies.

Lucian Morrison

Mr. Lucian L. Morrison, Esq., serves as Independent Director of Erie Indemnity Company. He is Independent trustee and consultant in trust, estate, probate and qualified plan matters, Houston, TX, since 1992; Director, Far East Energy Corporation; Director, Erie Family Life Insurance Company, 2006-2007.

Thomas Palmer

Mr. Thomas W. Palmer, Esq., serves as Independent Director of Erie Indemnity Company. He is a Member and a managing partner of the law firm of Marshall & Melhorn, LLC, Toledo, OH, since 1972; Director, Erie Family Life Insurance Company, 2006-2007. Mr. Palmer has experience with business and corporate law, business dispute resolution, corporate governance, financial reporting and family-owned enterprises. He also has prior experience as a director of another public company.

Martin Sheffield

Mr. Martin P. Sheffield, CPCU, serves as Independent Director of Erie Indemnity Company. Mr. Sheffield is Owner, Sheffield Consulting, LLC, Bath, PA, insurance consultants, since 2003; Director, Penn-America Group, Inc., 2002-2005. Mr. Sheffield has insurance industry, business and executive management experience, including having served 22 years as CEO of Co-Operative Insurance Company of Western New York, which ultimately became part of the Erie Insurance Group, as the Executive Director of Strategic Consulting for Ward Group, and as Vice President of the Property-Casualty Rating Division of A.M. . Mr. Sheffield also has prior experience as a director of another public company.

Richard Stover

Mr. Richard L. Stover serves as Independent Director of Erie Indemnity Company. Mr. Stover was Managing Principal, Birchmere Capital, L.P., Wexford, PA, private equity fund, since 2000. Mr. Stover’s career has been concentrated in banking and finance. In addition to prior executive experience with financial institutions, including Mellon Bank, Bank of New England and GE Capital, he has knowledge of investments, credit and corporate finance.

Elizabeth Vorsheck

Ms. Elizabeth Hirt Vorsheck serves as Independent Director of Erie Indemnity Company. She is a Co-Trustee of the H.O. Hirt Trusts, Erie, PA, since 2007; Administrator of family limited partnerships and a principal of a family charitable foundation for more than ten years.

Robert Wilburn

Dr. Robert C. Wilburn, Ph.D., serves as Independent Director of Erie Indemnity Company. He serves as Distinguished Service Professor and Director, Heinz College, Carnegie Mellon University, Washington, D.C., since 2009; President and Chief Executive Officer, Gettysburg Foundation, Gettysburg, PA, 2000 to 2009; Lead Director, Harsco, Inc.; Director, Erie Family Life Insurance Company, 1999-2007. Dr. Wilburn has executive management experience as a university president, CEO of two nationally foundations and service as Pennsylvania’s Secretary of Budget and Secretary of Education. He has knowledge of corporate finance and executive compensation. Dr. Wilburn also has experience as a director of other public companies.
Search Stocks